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Central Las Vegas

  • Listing Number: 101-21909

    Category: Bar/Liquor, Food - Restaurant, Leisure/Entertainment

Asking Price $399,000
Gross Revenue $879,342
Total Adjusted Net Income $378,417
Equipment / Fixtures $110,000
Year Established 2022
General Location Central Las Vegas
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Hookah bar with food and full bar in a busy location surrounded by ultra dense residential, commercial, medical, cannabis and national brands! Upscale lounge vibe with LED tables, private office, upstairs DJ Booth, 2 bathrooms, state of the art sound and lighting systems, 3 new refrigerators, new ice machine, remodeled bar, new flooring & more! Business has supper club license in addition to hookah, so may be possible to add 5 gaming slots (no gaming currently) after close of escrow. Rarely available, this won't last! Strong sales & income! P&Ls and Tax Return are NOT available. NO SBA/BANK LENDING, NO INFORMATION WITHOUT SIGNED NDA! Gross Sales and Net Income projected for full year 2022. EMAIL NOW before it is gone! For the fastest reply to your inquiry, please use this ad's email reply!

Gross Revenue
$879,342
Listed Price
$399,000
Total Income
$378,417
Base Rent
$5,365
Square Feet
2600
Total Rent
$6,405
Lease Expiration
02/2026
Rent Deposit
$12,948
Lease Options
One and 5 years
Inventory
$16,500
Leasehold Improvements
150000
Equipment / Fixtures
$110,000
Other Assets
Hookah lounge & bar in free standing building in busy area!
Training Period
Seven (7) days
Special License Required
Liquor - Restaurants - Supper Clubs, Hookah
Contract Staff
4
Reason for Selling
Moving out of country

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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